Finance
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Several banks in Azerbaijan are ready to enter ‘open banking’, other banks will achieve this in the near future. This was stated by Director General of the Central Bank of Azerbaijan (CBA) Vusal Khalilov at the meeting of the VIII International Banking Forum held in Baku.
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As of the end of November 2024, Azerbaijan had a monetary base of 20,576.8 million manats. This is reported on the website of the Central Bank of Azerbaijan.
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'Xalq Insurance' company has won an open tender for voluntary insurance of vehicles of the State Reserves Agency (KASKO).
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Despite the fact that Milli Majlis on 7 November approved general directors of the Central Bank of Azerbaijan (CBA) - Togrul Aliyev, Gular Pashayeva, Ali Ahmedov and Vusal Khalilov - as members of the Board, they have not started to perform their new duties.
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